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    <title>Classroom activity</title>
    <link>https://moodle.uwtsd.ac.uk/mod/forum/view.php?f=24463</link>
    <description>When setting objectives by a company, to what extent would you agree in consulting stakeholders ?
Using the same company from week 1, identify their key stakeholders and explain why should they be consulted ? Are they part of decision making process ? Justify your answers . </description>
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      <title>Business Management / Strategic Planning</title>
      <link>https://moodle.uwtsd.ac.uk/mod/forum/discuss.php?d=126869&amp;parent=211329</link>
      <pubDate>Wed, 20 Aug 2025 18:32:35 GMT</pubDate>
      <description>by Viktoriia Pohorila. &amp;nbsp;&lt;p&gt;&lt;p&gt;I would strongly agree with consulting stakeholders when setting objectives in a company like &lt;strong&gt;DHL UK&lt;/strong&gt;. Stakeholders such as &lt;strong&gt;employees, customers, suppliers, government regulators, and shareholders&lt;/strong&gt; play key roles in the business’s success.&lt;/p&gt;
&lt;h3&gt;Key Stakeholders of DHL UK:&lt;/h3&gt;
&lt;ul&gt;
&lt;li&gt;
&lt;p&gt;&lt;strong&gt;Employees&lt;/strong&gt; – Ensure objectives are realistic and align with workforce capabilities.&lt;/p&gt;
&lt;/li&gt;
&lt;li&gt;
&lt;p&gt;&lt;strong&gt;Customers&lt;/strong&gt; – Help shape service quality and satisfaction goals.&lt;/p&gt;
&lt;/li&gt;
&lt;li&gt;
&lt;p&gt;&lt;strong&gt;Suppliers&lt;/strong&gt; – Important for logistics and supply chain efficiency.&lt;/p&gt;
&lt;/li&gt;
&lt;li&gt;
&lt;p&gt;&lt;strong&gt;Government/Regulators&lt;/strong&gt; – Ensure compliance with laws and sustainability targets.&lt;/p&gt;
&lt;/li&gt;
&lt;li&gt;
&lt;p&gt;&lt;strong&gt;Shareholders&lt;/strong&gt; – Expect financial growth and strategic direction.&lt;/p&gt;
&lt;/li&gt;
&lt;/ul&gt;
&lt;h3&gt;Why Consult Them?&lt;/h3&gt;
&lt;ul&gt;
&lt;li&gt;
&lt;p&gt;Stakeholders provide valuable insights, improve decision quality, and increase buy-in.&lt;/p&gt;
&lt;/li&gt;
&lt;li&gt;
&lt;p&gt;Their input helps align objectives with market needs, legal standards, and internal capacity.&lt;/p&gt;
&lt;/li&gt;
&lt;/ul&gt;
&lt;h3&gt;Are They Part of the Decision-Making Process?&lt;/h3&gt;
&lt;p&gt;Yes, &lt;strong&gt;indirectly&lt;/strong&gt;. While final decisions are made by top management, stakeholder feedback influences those decisions. For example, DHL may adjust sustainability targets based on customer expectations and regulatory pressures.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;In summary&lt;/strong&gt;, stakeholder consultation ensures DHL UK’s objectives are balanced, achievable, and socially responsible.&lt;/p&gt;&lt;/p&gt;</description>
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